Listed company TruGolf completes the acquisition of Polymath Research and enters the institutional asset tokenization business

According to reports, Nasdaq-listed company TruGolf Holdings (TRUG) has officially completed the acquisition of Canadian asset tokenization company Polymath Research Inc. Polymath Research Inc., the subject of the transaction, focuses on institutional-level asset tokenization services, and its core product is Polymesh, a Layer 1 blockchain platform for regulated assets. After the acquisition is completed, Polymath will become a wholly-owned subsidiary of TruGolf, and TruGolf will simultaneously maintain existing business operations such as golf simulators and the E6 platform, thereby building a dual-track business system of golf technology and blockchain infrastructure. As of December 31, 2025, Polymath has completed asset tokenization issues worth more than US$132 million for 65 active issuers.